The skinny on the Commerce Department report: The economy sank at a pace of just 1 percent in the second quarter of the year, a new government report shows. It was a better-than-expected showing that provided the strongest signal yet that the longest recession since World War II is finally winding down. The dip in gross [...]
July 31, 2009, 5:00 pm … Closing Thoughts … The Standard & Poor’s 500 index closed the week up 0.73, or 0.1 percent, to 987.48, as gross domestic product slowed less than expected. However, the report said consumers cut spending in the second quarter, a troubling sign because their outlays account for more than [...]
By performance since October 2006**, nothing beats the Dart. For the month of July 2009, Beat the Dart generated a net performance gain of 36.80% on its Stocksmirf portfolio with a market value of $9,545,890. The SPM+Game Theory matrix rating on all trades was 84.85%. [...]
BEST IDEA — Mueller Water Products, Inc. (MWA) – last $ 3.97, manufacturers and markets various water infrastructure and flow control products for use in water distribution networks and facilities in the United States and Canada under three segments: Mueller Co., U.S. Pipe, and Anvil. … RATING: SPM+Game Theory 71 LONG — Projected target price [...]
July 31, 2009, 7:00 am … The Standard & Poor’s 500 index futures up 4.30 to 986.50, as markets focus on the first estimate for second quarter U.S. gross domestic product — based on Dartline’s analysis, it shrank at an annualized rate of 2.1 percent (not 1.8% that the ‘experts predict), yet a [...]